Operations

Director of Procurement Operations

Looking to hire your next Director of Procurement Operations? Here’s a full job description template to use as a guide.

About Vintti

Vintti is revolutionizing remote staffing by prioritizing time zone alignment. We connect US-based SMBs, startups, and firms with Latin American professionals who work synchronously with US schedules. This approach ensures that businesses can maintain their usual workflows, conduct real-time meetings, and collaborate effectively without the typical challenges of working across disparate time zones.

Description

The Director of Procurement Operations plays a crucial role in the strategic acquisition of goods and services, driving efficiency and cost-effectiveness within an organization. This leadership position oversees the procurement team, ensuring that purchasing activities align with company goals, maintain high standards of quality, and comply with legal and regulatory requirements. The role involves crafting and executing procurement strategies, managing vendor relationships, optimizing supply chain processes, and implementing best practices. By focusing on continuous improvement and innovation, the Director of Procurement Operations significantly contributes to the organization's overall operational success and competitive advantage.

Requirements

- Bachelor's degree in Supply Chain Management, Business Administration, or related field; Master's degree preferred.
- Minimum of 10 years of experience in procurement, supply chain management, or a related field.
- Proven experience in a leadership role, managing a procurement team or department.
- Strong negotiation skills with a track record of securing favorable terms and pricing.
- In-depth knowledge of procurement processes, best practices, and industry standards.
- Proficiency in using procurement software and tools for tracking and reporting.
- Excellent analytical skills to analyze market trends and forecasts.
- Strong understanding of supplier relationship management and performance evaluation.
- Ability to develop and implement effective procurement strategies.
- Excellent communication and interpersonal skills for effective collaboration with internal teams and external suppliers.
- Experience in preparing and managing budgets, ensuring cost control and profitability.
- Strong organizational skills and attention to detail.
- Ability to manage and resolve procurement-related issues effectively.
- Knowledge of regulatory requirements and compliance standards.
- Proven ability to train, mentor, and develop procurement staff.
- Strong problem-solving skills and ability to make sound decisions under pressure.
- Experience in conducting audits and assessments of suppliers.
- Ability to stay updated on industry trends, best practices, and new technologies.
- Excellent project management skills to handle multiple tasks and deadlines effectively.
- Certification such as Certified Professional in Supply Management (CPSM) or equivalent is a plus.

Responsabilities

- Develop and implement effective procurement strategies aligned with company objectives.
- Oversee daily operations of the procurement department, including purchasing and inventory management.
- Lead negotiations with suppliers and vendors to secure favorable terms and pricing.
- Analyze market trends and forecasts to identify supply risks and cost-saving opportunities.
- Collaborate with internal departments to understand procurement needs and ensure efficient sourcing.
- Monitor and evaluate supplier performance through audits and assessments.
- Develop and maintain procurement policies and procedures for operational efficiency.
- Prepare and manage the department's budget for cost control and profitability.
- Review and approve purchase orders, contracts, and agreements for accuracy and compliance.
- Train, mentor, and supervise procurement staff, supporting their professional development.
- Resolve procurement-related issues, such as delivery delays or quality concerns.
- Coordinate with the finance department to ensure timely invoice and payment processing.
- Utilize procurement software to track and report on key performance metrics.
- Conduct regular meetings with stakeholders to update on procurement activities and address concerns.
- Foster strong relationships with suppliers, vendors, and internal teams.
- Stay updated on industry trends, best practices, and new technologies to improve procurement functions.

Ideal Candidate

The ideal candidate for the Director of Procurement Operations role will possess a Master's degree in Supply Chain Management, Business Administration, or a related field, complemented by a minimum of 10 years of extensive experience in procurement or supply chain management. This individual will have a proven track record in a leadership role, demonstrating exceptional strategic thinking and a vision for long-term procurement success. With strong negotiation acumen, they will have a history of securing favorable terms and pricing, supported by in-depth knowledge of procurement processes, best practices, and industry standards. Expertise in utilizing procurement software and analytical tools to track, report, and analyze market trends is essential, as is a robust understanding of supplier relationship management and performance evaluations. They will exhibit excellent communication and interpersonal skills, fostering strong relationships with internal teams and external suppliers. The candidate will be adept at managing and resolving procurement-related issues, ensuring regulatory compliance and accuracy in all operations. Commitment to continuous improvement, innovation, and the ability to stay abreast of industry trends and new technologies will set this individual apart. Furthermore, the ideal candidate will embody strong ethical standards, integrity, and a resilient nature to manage multiple priorities under pressure, delivering cost savings and operational efficiency through exceptional project management skills. Certification such as CPSM or equivalent will be a valued addition, underscoring their expert qualifications for the role.

On a typical day, you will...

- Develop and implement procurement strategies that align with company objectives and ensure cost-effective purchasing of materials and services.
- Oversee and manage the procurement department's daily operations, including purchasing, inventory management, and supplier relationship management.
- Lead negotiations with suppliers and vendors to secure advantageous terms and pricing.
- Analyze market trends and forecasts to identify potential supply risks and opportunities for cost savings.
- Collaborate with internal departments to understand their procurement needs and ensure timely and efficient sourcing of materials.
- Monitor and evaluate supplier performance, conducting audits and assessments to ensure compliance with company standards and regulatory requirements.
- Develop and maintain procurement policies and procedures to streamline operations and improve efficiency.
- Prepare and manage the department's budget, ensuring cost control and profitability.
- Review and approve purchase orders, contracts, and agreements to ensure accuracy and compliance with company policies.
- Train, mentor, and supervise procurement staff, providing guidance and support for professional development.
- Manage and resolve any issues related to procurement, such as delivery delays, quality concerns, or payment disputes.
- Coordinate with the finance department to ensure timely and accurate processing of invoices and payments.
- Utilize procurement software and tools to track and report on key performance metrics.
- Conduct regular meetings with key stakeholders to update them on procurement activities and address any concerns.
- Foster strong relationships with suppliers, vendors, and internal teams to facilitate smooth procurement operations.
- Keep abreast of industry trends, best practices, and new technologies to continually improve the procurement function.

What we are looking for

- Strategic thinker with a vision for long-term procurement success
- Exceptional leadership and team management skills
- Strong negotiation acumen
- Highly analytical mindset with attention to detail
- Excellent communication and interpersonal abilities
- Commitment to continuous improvement and innovation
- Adept at fostering strong supplier and vendor relationships
- Strong ethical standards and integrity
- Problem solver with a proactive approach to challenges
- Resilient under pressure with the ability to handle multiple priorities
- Strong organizational skills
- Results-driven with a focus on cost savings and efficiency
- Collaborative team player
- Forward-thinking and adaptable to industry changes
- Efficient in time management
- Detail-oriented with a focus on compliance and accuracy

What you can expect (benefits)

- Competitive salary range of $120,000 - $150,000 annually
- Comprehensive health benefits including medical, dental, and vision insurance
- Paid time off (PTO) and holidays
- 401(k) retirement plan with company match
- Tuition reimbursement for continuing education
- Professional development opportunities, including certifications and training programs
- Performance-based bonuses and incentives
- Flexible work arrangements, including remote work options
- Life and disability insurance
- Employee wellness programs
- On-site gym and fitness facilities
- Company-sponsored events and team-building activities
- Employee assistance program (EAP) for personal and professional support
- Relocation assistance if applicable
- Opportunities for career advancement within the company
- Access to industry conferences and networking events
- Travel reimbursement for business-related trips
- Discounted company products and services

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